Seyyed Mehdi Hosseini, a former deputy oil minister and an energy expert, says the US has no way but to grant sanction waivers to Iran’s oil customers.
Gemstone processing is a great area for investment, particularly in a resource-rich country like Iran. However, the country has a long way to go if it wants to use the untapped but profitable opportunity.
Iran’s Foreign Minister Mohammad Javad Zarif and his Sri Lankan counterpart have conferred on expansion of bilateral ties between the two countries in various fields, especially in energy.
Iranian Foreign Minister Mohammad Javad Zarif and Sri Lankan President Maithripala Sirisena have discussed regional and international issues in a meeting in Colombo.
Iran's Navy commander Rear Admiral Hossein Khanzadi says Iranian maritime forces will continue to secure free navigation in the Strait of Hormuz, but keeping the Strait open depends on the interests of Iran.
The Islamic Republic of Iran Customs Administration (IRICA) has released details of the country’s foreign trade, which show during the first four months of current Iranian year the value of Iran’s non-oil exports has risen by over $30 billion.
An Iranian knowledge-based company has managed to produce a new type of nano-medicine for treatment of various types of cancer and is exporting it to regional countries.
Iranian Foreign Minister Mohammad Javad Zarif and the Secretary General of the D-8 Organization for Economic Cooperation, Dato’ Ku Jaafar Ku Shaari, sat for talks on bilateral relations in Tehran.
Vice-President of the Iranian Chamber of Commerce says the EU has allocated a huge amount of credit to facilitating trade between Iranian and European small and medium-sized enterprises.
Analysts believe the US is unlikely to become strict with Iran before the by-elections of the US Congress in November given the dire consequences of a possible hike in oil prices.
Iran’s Deputy Foreign Minister for Political Affairs Seyyed Abbas Araqchi says Indian officials have expressed their interest in buying Iran’s crude oil despite the US sanctions.
Conservative newspaper Kayhan has called on the Iranian government to stop relying on the West and form a consortium with Russia, India and China as an alternative to cope with the West’s economic pressure.
Saeed Sarkar, the Secretary-General of the Iran Nanotechnology Initiative Council (INIC), says the country is currently exporting its nano-products to a number of developed countries including the UK, Germany, Spain, Italy, Australia, Japan and South Korea.
Iran's Islamic Revolution Guards Corps (IRGC) says it stands ready to put in action President Hassan Rouhani's latest position that if Tehran were not able to export its crude oil through the Strait of Hormuz, no other country would be able to do so.
IRGC Quds Force Commander Major General Qassem Soleimani has thanked Iranian President Hassan Rouhani for his recent remarks on the US’ bid to cut Iran's oil exports as well as his comments on the Zionist regime of Israel.
